Skip to main content
Securian Financial

Variable universal life

Following the market

Variable universal life insurance offers the potential to build cash value based on the performance of the investment options you choose.

The policy offers greater growth potential when the markets perform well. The tradeoff for this growth is the investment risk – including the potential to lose cash value when markets perform poorly.

Variable universal life insurance benefits

  • Lifetime protection for your loved ones
  • Flexible premiums allow you to adjust your payments, or you can choose a fixed, consistent amount
  • Ability to adjust your benefit amount to align with your changing life.
  • Greater tax-deferred cash value growth potential than non-variable products
  • Choice of investment options based on your risk tolerance

Variable universal life insurance considerations

  • If you do not pay enough premium, the policy may lapse
  • Involves market risk, including loss of principal; sustained market declines can negatively impact policy cash value
  • Loans and withdrawals will impact both the death benefit and policy surrender value
  • Adjusting benefit amounts may require additional underwriting

 

 

Ready to purchase life insurance?

Call Securian Financial at 1-877-491-5271 or contact us online to talk about your insurance needs.     

Discuss your needs

Estimate your needs

Find out how much life insurance you need.

Use our calculator

Life insurance FAQs  (article with video)

Understanding the ins and outs of life insurance can be a challenge. Here are some simple answers to the most common questions about life insurance.

Ask a professional

A financial professional can help you analyze your needs and help you choose the insurance that’s right for you.  

Find a financial professional

Related articles

Love that lasts: Estate planning tips for your child with special needs  (article with video)

Take these practical estate planning tips into consideration to ensure a secure financial future for your child with special needs.

Mind the GAP: When to consider guaranteed asset protection for your loan  (article with video)

Guaranteed asset protection (GAP) coverage protects the investment you made in your car. Read about GAP and who should consider it.

Learning to cope with a critical illness  (article with video)

A critical illness diagnosis can come as a shock, but there are ways to plan, cope and thrive. Get a prescription for information and learn more.

Variable life insurance products contain fees, such as mortality and expense charges, and may contain restrictions, such as surrender periods. There may also be underlying fund charges and expenses, and additional charges for riders that customize a policy to fit individual needs. Charges and expenses may increase over time. The variable investment options are subject to market risk, including loss of principal. 

You should consider the investment objectives, risks, charges and expenses of a portfolio and the variable insurance product carefully before investing. The portfolio and variable insurance product prospectuses contain this and other information. You may obtain a copy of the prospectus from your representative. Please read the prospectuses carefully before investing.

You should consult your tax advisor regarding your own tax situation. 

Please keep in mind that the primary reason to purchase a life insurance product is the death benefit.

Policy loans and withdrawals may create an adverse tax result in the event of lapse or policy surrender, and will reduce both the surrender value and death benefit. Withdrawals may be subject to taxation within the first fifteen years of the contract. You should consult your tax advisor when considering taking a policy loan or withdrawal.

DOFU 3-2022
2086499